- Active
111 Morningside Road
Salt Spring · Vacant Land
- Lot size
- 13,068 ft²
Listed by Royal LePage Duncan Realty Salt Spring Island · MLS® 1031013
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Sign inAbout this home
A rare development opportunity in the heart of Fulford Harbour with these two vacant waterfront lots totaling 0.30 acres. Ideally situated just steps from the BC Ferries terminal, this high-visibility location serves as the gateway to Salt Spring Island. The flexible GE3(a) zoning supports a wide range of marine-dependent commercial uses and uniquely allows for one residential dwelling on each lot in addition to the principal use, offering an ideal framework for a live-work project or a flagship venture. Waterfront commercial land with stunning ocean views in such a central village location is exceptionally scarce. This is a unique chance to shape the future of a vibrant coastal community. Anchor your presence in one of the island’s most iconic settings and capitalize on the steady foot traffic and natural beauty of Fulford Village.
Home facts
- Lot size
- 13,068 sq ft
- Property type
- Vacant Land
- Area
- Salt Spring
- Listed
- April 4, 2026
- PID
- 025-639-749
- Common interest
- Freehold
Highlights
- Ocean view
- Waterfront
Rooms and building
- Water
- Zoning
- Unknown
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $7,560
- Property tax
- $467/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $8,177
Purchase snapshot
- List price
- $1,595,000
- Down payment
- $319,000 (20%)
- Estimated mortgage
- $1,276,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 76%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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